The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

United Arab Emirates  
Rank: 33 · Score: 59.6  

Basic facts        
Population (millions) 9.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 465.8   M&A volume (quartile) Top
GDP per capita (US$) 49,336.6   Venture capital investments (quartile) Top
GDP growth (per cent) 3.5   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 33 89, 92, 90, 92, 92 59.6
1 Economic Activity 17 105, 102, 90, 107, 108 85.5
2 Depth of Capital Market 54 74, 73, 71, 72, 71 38.1
3 Taxation 1 124, 124, 123, 124, 124 139.8
4 Investor Protection and Corporate Governance 22 95, 104, 103, 103, 103 90.0
5 Human and Social Environment 25 98, 102, 102, 102, 100 47.6
6 Entrepreneurial Opportunities 36 86, 87, 88, 89, 89 62.0


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
United Arab Emirates  
Middle East
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Israel 83.7 69.9 95.3 95.8 45.1 83.5
Saudi Arabia 85.2 76.4 106.5 90.7 40.9 47.8
United Arab Emirates 85.5 38.1 139.8 90.0 47.6 62.0
Oman 76.4 51.6 113.3 67.7 34.3 31.1
Kuwait 77.9 45.5 113.9 66.9 29.1 38.7
Qatar 83.7 32.8 127.8 47.2 42.1 50.7
Bahrain 70.2 32.0 101.3 77.5 35.1 40.7
Last updated: 4 Nov 2023